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, there are conflicting views of beijing's role as banker to the united states government. some see it as a source of leverage, but others see chinese holdings of u.s. debt as an investment with little return. >> it's not invested in their own country. it hasn't been given to their own people. it's a gigantic waste of money. and really, it does not give china leverage over the u.s., because if they used it, they'd only be shooting themselves in the foot. so, in that respect, i think it's as much a symbol of a weak imbalances in the chinese economy as it is of chinese power. >> reporter: and even if the chinese government wanted to sell off u.s. treasuries, it's not clear it could find a buyer. >> the bigger problem is if they announced that they were simply not going to participate in the next treasury auction or the next three or four treasury auctions. that would produce something of a scramble to see who would participate. the result would probably be some increase in interest rates here. >> reporter: but even that seems likely to hurt china as much or more than the united states. china buys u.
, for responding to this video with violence. >> woodruff: clinton also sought again to distance the united states' government from the film and its maker. the associated press reported that he's been identified as a coptic christian living in california with a checkered legal past. actors in the film said that they were duped, that the blasphemous and offensive dialogue was later dubbed in. and not just muslims, but coptic christians in cairo denounced the film and its apparent intent. >> ( translated ): if it is proven that there is a copt that participated in the making of this movie, the church 100% refuses him. >> woodruff: there were efforts to remove the video from view. the government of afghanistan tried to block youtube access. and in egypt and libya, youtube restricted users from playing the clip. meanwhile, american naval and military assets in the mediterranean, including warships and drone aircraft, refocused on libya, a country they helped liberate last year as part of a u.n.-sanctioned, nato operation. >> woodruff: nancy yousseff of mcclathy newspapers. she has been reporting on th
old gymnast led the pledge of allegiance. >> i pledge allegiance, to the flag of the united states of america, and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. ( cheers and applause ) >> thank you! >> ifill: that was followed by saxophonist branford marsalis performing the national anthem. ray suarez is on the floor now among the delegates, where he's been each night this week. >> suarez: you know, gwen, one of the biggest events of this week is something that isn'tingt going to happen, the long-expected and long-planned-for stadium welcome for president obama tomorrow night where he would give his acceptance speech. because of threatening skies, that has been canceled and moved indoors to the arena where the rest of the convention has been held. well, it means some inconvenience for the people who were set to appear there. it means some inconvenience for the people who were staging the event, but the real problem is with the tens of thousands of people who gave tens of thousands of volunteer hours in order to qualify fo
. obviously he's got the uwe united states out of iraq. the united states after going up has now come down to some extent in afghanistan. the middle east, even though it's turbulent, is more open than it was. so i think the president in general can point to some areas where he moved forward and some areas obviously his critics will say where he movedded back. all in all it's a defense i believe and defendable record. >> ifill: i want to walk through some of that piece by piece. referencing the president's speech today, he turned over a big chunk of it to talking about the difference between railing against or speaking out against violence... violent extremism versus protecting free speech. why was so much devoted to that topic? >> gwen, i thought it was an interesting speech. very reflective speech. i think probably designd by the president and his advisors to try to heal some of the wounds that have been so apparent between the muslim world and the united states over these last two weeks, these very tragic weeks. i thought it was interesting the way he framed the issue. he clearly disasso
economy. that is why he united states will do what we must to prevent iran from obtaining a nuclear weapon. >> woodruff: but iran's president, mahmoud ahmadinejad, has long insisted that the country's nuclear program is only for peaceful purposes. and during his own speech yesterday, he denounced potential military action by israel. >> testing new generations of ultra-modern weaponry and the pledge to disclose these armaments in due time is now being used as a new language of threat against nations to coerce them into accepting a new era of hegemony. continued threats by the uncivilized zionists to resort to military action against our great nation is a clear example of this bitter reality. >> woodruff: earlier this week, iran unveiled a new long-range reconnaissance drone and the country's revolutionary guard said it tested new missiles as well. prime minister netanyahu noted that while international sanctions by the u.s. and other countries have hurt the iranian economy, they did not stop its nuclear program. >> there's only one way to peacefully prevent iran from getting atomic bombs. a
's accomplished. that and more tonight on "n.b.r."! trade tensions between the united states and china are heating up again. this morning, the two countries challenged each other in the world trade organization. the u.s. is accusing china of illegally subsidizing auto and auto parts exports, and hurting u.s. made goods. and china claims trade laws here, open the door for illegal tariffs on a wide range of chinese products. sylvia hall breaks down what's behind the latest flareup. >> reporter: here in the u.s., the auto and auto parts industries employ about 800,000 american workers. the government says those workers are hurt by the money china gives to subsidize its own auto industry. and in ohio, a key swing state fueled by cars, president obama promised a crack down: >> these are subsidies that directly harm working men and women on the assembly lines in ohio and michigan and across the midwest. it is not right, it is against the rules, and we will not let >> reporter: the administration said that between 2009 and 2011, the chinese government offered up at least $1 billion in subsidies to its au
than what i think the people of the world expected from the united states of america. and if i'm elected president of this country, i will get us back on a road of growth and prosperity and strength. >> woodruff: today at a campaign event in washington, president obama shared a message of what he called "economic patriotism" tied to a strong middle class. >> but our problems can be solved, our challenges can be met. we've still got the workers in the world, the best universities, the best scientists, the best... we got the best stuff. ( laughter ) we just got to bring it together. >> woodruff: consumer confidence is higher of late, and the president may be getting a boost from voter attitudes. an nbc news/"wall street journal" poll out last week found 42% of americans think the economy will improve in the next year. that's six points higher than a month ago. 18% say the economy will worsen, and almost a third expect it to stay the same. the obama campaign is also pointing to some revised job numbers to make its case. the u.s. bureau of labor statistics said yesterday there were
in crime scenes in mexico and the united states. there was very little effort to interdict the weapons to stop them from going across the border and, of course, with the death of agent bryan terry and other deaths, we see what the consequences are. >> brown: so the key questions became-- of course, it became a political issue, who is responsible for this, how much were the white house and the attorney general's office involved? so what does the report tell us? >> well, the harshest criticism comes down for an official in the criminal division, his name is jason weinstein. he resigned yesterday under pressure. and essentially he is called out for repeatedly having access to documents, wiretap applications, for instance, he had-- he read summaries of and perhaps didn't read all of it and didn't ask follow-up questions. the inspector general says that, you know, if he knew about an earlier operation called "wide receiver" in the bush administration. now, that was 2006 and 2007 and allowed about 400 firearms to be trafficked. and weinstein finds out about this in early 2009 and instead of
the president gives the order that the united states is ready to launch a strike. of course, the israeli counter question was, okay, when would that happen? if iran does not submit to any of the international demand, will you strike? at that point the american administration in all the talks, high-ranking officials have declined on giving any sort of specific promise. >> warner: how does the u.s. election calendar play into prime minister netanyahu's calculations here? >> well, i think it plays quite heavily. prime minister netanyahu would never admit that. but we see a line of increasing tension. some of it is deliberately between the israeli government and the american administration. as close as we get to the election. it is clear that the white house asked israel and put quite a lot pressure not to launch a pre-emptive strike at least not before the elections in order not to create an oil crisis that would damage the obama campaign. on the other hand we know from quite close ties between the republican mitt romney and prime minister netanyahu. i think that netanyahu, close as we get to the e
problems that we have here in the united states. >> ifill: is there also a problem with coming to some sort of resolution as far as germany and other bank-- money-- money givers go? that somebody else is going to get in line. that if you give greece money, spain is going to be standing there. if you give spain money portugal could be standing there. >> there is this problem of political moral hazard going on which is really, as you say, well, if you give us, let's say, debt relief to greece, well, then you can be pretty sure that other european countries that also have received bailouts will want the same treatment. so what you're trying to do in europe, in minute, is really to-- i believe that ultimately debt relief will have-- further debt relief will have to be given to greece by the euro area governments. but they're really trying to make the road to that so arduous and so terrible that nobody else in europe will really want to go down that route. and as we're looking at greece today-- which has a cumulative decline in g.d.p. of, you know, close to 20% and still dropping-- i think it's
it become a genuine crisis. it's also a reminder to the united states of why it is seen as important by many nations in asia that we stay as a balancing factor in the military relationship there >> warner: china doesn't like that >> they would prefer it to having japan arm itself. so everybody resents the u.s. presence but is more comforting than the most obvious alternative >> warner: do you have a prediction? >> i think it will calm down but the issues will be simmering for some time. all the territorial maritime issues that are taking place now are of a peace. the political process is still playing out in china. the leaders there want to contain the damage to themselves but they don't want to be so suppressing of popular opinion that they're seen as opposing popular will on the issue of sovereignty >> warner: or out of touch. doug paal and jim fall owes, thank you. >> woodruff: next, seeking peace in syria and around the globe. jeffrey brown talks to former u.n. secretary general kofi annan. >> brown: kofi annan's first career u.n. staffer to rise to head the organization has spent more t
. and as a state senator, he worked to pass campaign finance reform. as a united states senator, he was critical and to the passing of ethics and lobbying reform after the jack abramoff scandal. he refused to take contributions from registered lobbyists or political action committees. and as a presidential candidate, he promised to, quote, "tell the corporate lobbyists that their days of setting the agenda in washington are over." >>> i am in this race to tell the corporate lobbyists that their days of setting the agenda in washington are over. i have done more than any other candidate in this race to take on lobbyists, and won. they have not funded my campaign, they will not work in my white house, and they will not drown out the voices of the american people when i am president. >> and his own convention, was crawling with lobbyists schmoozing with politicians. and now, rahm emanuel has been turned loose by the president to go for the gold. did you suggest earlier that he didn't have a choice? that with the great accumulation of money by the republicans, he had to match them in order to be a v
of the united states has officially declared himself an enemy of traditional marriage between one man and one woman. >> you are witness to a modern tale of resurrection. a second-coming. the bible speaks of lazarus, raised by jesus from the grave to walk again among the living. ralph reed, too, has been returned to life, political life. but he goes lazarus one further. lazarus was a poor man. reed is rich, and he just keeps getting richer from mixing religion and politics. and that's a story you don't want to miss. at age 33, ralph reed was the christian right's wonder boy. anointed in a 1995 "time" magazine cover story as the "right hand of god" for spinning the trust of conservative christians into political gold. it was reed who built the christian coalition of televangelist pat robertson into a powerful arm of the republican party. >> as religious conservatives we have finally gained what we have always sought. a place at the table, a sense of legitimacy and a voice in the conversation that we call democracy. >> in 2000, reed helped put george w. bush and dick cheney in the white house. >
, there is instincts, there's tough calls. >> mr. speaker, the president of the united states. >> woodruff: one of the criticisms of mr. obama's leadership is that he's had so much difficulty winning support from congress. many republicans say that's because he was too beholden to his democratic base. tom davis is a former g.o.p. congressman from virginia. >> when he got elected i think he had every intention of trying to bring everybody together behind him, let's work together, but he had a democratic congress. the minute you go over and sit down with the republicans you'll have pelosi and the democrats fighting saying "we won the election." so the pressure is for him to produce a work product and the republicans weren't going to follow over and say "oh, yeah, let's work together." it's tough situation. when your party controls both houses, those interest groups control the agenda. they don't want to give it away to the other side. >> reporter: but the number two democrat, dick durbin, said the president often took on leaders of his own party. he recounted a late night white house meeting on h
the united states. if you look around the world, the world economy has been hurtings for two years plus, so i think we've got a long way to go, and we ought to be doing things to get the growth rate higher. but the question of would you rather be living in january, 2009, when the economic team incoming, you're about to be in the great depression, you better figure out what you're going to do once the depression has started that was a black hole that we did not go into. >> president gave himself an incomplete. you were in the white house during the financial and the health care debate. and the debate on whether to raise the debt ceiling. you pointed out more needs to be done. >> i would say in the immediate term, we have to put focus on getting the growth rate up, and getting the growth rate going. it should be on private sector growth, and focus on experts and the focus on trying to focus on getting people to stay in their houses and the equivalent tax cut, and then deficit reduction. >> it's debateable what we'll here hear in the next three nights, did the president fail in housing? should m
with the european debt crisis, and even within the united states, with it being an election year. >> reporter: but burberry says it has been talking to other luxury goods makers, so it knows it's not alone in seeing the slowdown. as a result, luxury good stocks like lvmh, tiffany, and coach also fell today, although they didn't get hit nearly as hard as burberry. it's not just luxury firms getting hurt by the global slowdown. many other bellwether firms have said revenues are suffering due to weaker sales in china, europe and elsewhere. in the s&p 500, there have been 88 negative pre-announcements for th and only 20 positive ones. >> the number of negative pre- announcements we've received is the worst in over a decade. we've already seen analysts become very bearish on these companies. >> reporter: last week, chipmaker intel drastically reduced its sales forecast, warning consumers and businesses are buying fewer personal computers. the company also withdrew its full-year guidance, which is seen as a sign of extreme uncertainty. and fedex recently cut its earnings forecast due to slowing dem
. the united states is simply about to go through a period where we must repair our balance sheet. >> susan: any diskrorses to make on the stacks. >> we own everything we recommend or are in the process of buying. >> susan: another that's great. thank so much randall. randall ely, of the edgar j. lomack company. >> susie: fashion week has been taking place in new york city this week. the shows are invitation-only, and give celebrities and fashion writers the first glimpse of a designer's newest collection. nanette lepore was one of the nearly 100 designers featured at the event. if you don't know who she is, you could soon be seeing her name in a well-known, national department store chain. erika miller reports from the runway. >> reporter: the colors are bright, the prints bold, the fabrics soft and delicate. designer nanette lepore says the inspiration for her latest collection came from a vase. >> i was inspired by the porcelain room at the charlottenburg palace in berlin. some of the dresses toward the end of the show just look like they are made of glass because of the organza and th
is the place to be. >> would you rather be in singapore than the united states? >> i would. i think they perform better than the u.s. >> tom: you are investing in u.s.ag culture. they make ammonia nitrogen. >> this is a seven percent yield. >> food prices are rising and hence the demand for fertilizer rising, and ammonium nitrate and the ammonia are the ingredients. >> and -- >> it's really all things coming together >> chris, last time we had you are, march 16th. 2012. >> tom: apple launched the iphone today. you liked three stocks back then, including kbe, a bank exchange traded fund. it's down two percent. and emerging markets and corporate fund fund up five percent, and a real estate investment fund up almost 18%. you style like these? >> i like them all, and certainly the emerging bond fund, pays five percent, and the reits, pay seven%. great opportunities. >> you own these? >> i always eat my own cooking. >> serving it up, chris orndorff with western assets. >> susie: and looking ahead. from the n.y.s.e. to the c.m.e., it's politics in the pits. what are the critical issues fo
for coal. >> you have say unique sper spective. you say coal provides 10% of the electricity in the united states. what's your take on economic demand as we move into the new year? >> well, what we're not seeing is strong industrial and manufacturing demand. not to say that we're not seeing growth in certain areas. i think in terms of economic activity. we're seeing a little growth, but it's not to the point where it needs to be in our view to make a fundamental difference to getting the economy where it ought to be in terms of higher levels of gdp growth. we appreciate the insights. it's greg boyce, the ceo of peabody energy. you can see our entire interview online at nbr.com. also online, how do long-term investors fit into the market in this age of high-frequency trading? visit nbr.com. tomorrow on nbr, home prices aren't the only things going up in housing-- the cost of land also is on the rise. and the latest efforts for parents and students to make better financial decisions when it comes to paying for college. could this hail mary pass force a breakthrough in one of the country's hi
such as in europe. >> tom: i want to ask about demand here in the united states, because natural gas prices have been very low for quite some period of time thanks to new drilling techniques that have led to an abundance of natural gas. how high are natural gas prices have to go in order for your industry, the coal miners, to begin to see a pickup in demand domestically? >> well, when we see gas get back to the $3 range, coal will be back in money in terms of dispatching the electricity market. i think it's public policys that don't allow us to compete and we're starting to see what we believe are bad public policys that are going to carry bad chemical weaponss for american business and american consumers. >> tom: i want to ask you about one of those, an e. p. a. rule that would require plants built after april 2013, power plants, to have carbon capture technology. what kind of impact may that have on coal demand there after? >> well, tom, that is a policy that says we're not going to invest in the future of coal and future of clean coal technology, because if you're going to require something t
, the ability to grab market share. it has continued to see its market share erode down to 10% in the united states now compared to google and apple which have been growing their share. >> well, there is positives in the results and it was nice to see the total subscriber base grow to that 80 million it is important to remember that the company still saw revenue decline by 31% on a year-over-year basis. the number of units that were shipped, that 7.4 million for the entire quarter that compared to the 5 million apple sold and on its first weekend of sales are for thix phone 5. so this is a company that has-losing share, people view the platform as being behind the curve technologically and they still have a lot of ground to cover to catch up. >> does it have any price pog we are when it comes to its new device the blackberry -- in other words, it may not make it up on volume but can it continue to see margins and perhaps even increase margins within the company posted a loss this quarter and the expectations are they are going to post a loss in the next your as well. so they are not driving
or nuclear facilities as an attack by the united states. >> fundamentally we do not take seriously the threats of an attack on iran by them even though we are iran. iran at the end of the day is a great country. let me assure you we do have all defensive means at our disposal. >> prime minister netanyahu has said that israel simply cannot stand to have iran to get to the point where it has enough enriched uranium to be able to very quickly convert that to weapons grade and really essentially from a weapon in a matter of months. he's made it clear that israel is prepared to take military action to try to prevent that. do you think he's bluffing? >> you see, whether he's bluffing or he really intends that does not even come into the equation. for us. what are these scientists? put a world map in front of you. put an at last in front of you. iran has been iran for the last 7,000-10,000 years. they have been occupying those territories for the last 60 to 70 years with the support and force of the westerners. they have no roots there in history. >> ifill: i'm joined by margaret warner w
of cases that have interpreted the constitution of the united states around equal rights and so when we talk about the importance of the presidency it's certainly about the economic issues of that nature. but this could have impacts for hundreds of years. >> i do have to ask this question. there's going to be 28 women paraded on the stage tonight to talk about the power of the republican party. >> we only have 17% of women in congress. we only have 17 women senators, we only have six governors who are women we still have a very long way to go and when the house of representatives is having a hearing about access to birth control and the first panel is devoid of a woman, women women's voices aren't being heard. >> ifill: thank you both, one of those women is on the floor right now, that's congresswoman nidia valasquez of new york. >> i am proud to speak to you as a hispanic american. as a proud latina and a puerto rican. (cheers and applause) from being the first in my family to attend college to becoming the first latina to chair a full congressional committee in congress, my story has
on these changes to the law before they were introduced in state houses across the country. >> the united states of alec. and -- >>> we had a drum roll of media attention that said if you don't stop and watch the debates that night you're really missing out on an important cultural moment. >> announcer, funding is provided by, carnegie corporation of new york, celebrating 100 years of philanthropy and committed to doing real and permanent good in the world. the kohlberg foundation. independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. the clements foundation. park foundation, dedicated to heightening public awareness of critical issues. the herb alpert foundation, supporting organizations whose mission is to promote compassion and creativity in our society. the bernard and audre rapoport foundation. the john d. and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information at macfound.org." anne gumowitz. the betsy and jesse fink foundation. the hkh foundation. barbara g. fleischman
. bellotti," where he said, "the state need not permit its own creature to consume it." and yet, this court is saying that, "we must permit the creation of the state legislures to consume our politics." and so to me, the citizens united case is the emblem for the whole era we're in. we're living in the "citizens united era," i think. >> but before citizens united, wealthy people were funneling money into politics, corporations were forming political action committees. and ceos of those corporations were lavishing money on selected favored political candidates. >> absolutely right, the corporate voice was never missing. and that's something, you know, justice stevens has pointed out. he said, "there were many faults to american politics. but nobody thought that a lack or a dearth of corporate voices was among the vices." but there was still a radical change effectuated by the majority -- >> how so? radical? >> in citizens united. >> what do you mean? >> because before corporations could have issue ads. they could take out an ad in the "new york times" on something. before the ceos and execut
Search Results 0 to 33 of about 34 (some duplicates have been removed)